Banking sector resilient; 11-13% credit growth for Jan-June likely: Survey
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India's banking sector is projected to see a non-food credit growth of 11-13% from January to June 2026, according to the FICCI-IBA Bankers' Survey. This optimism is driven by improving balance sheets, steady economic activity, and strong demand in retail and SME sectors. Industrial credit growth is expected to be more gradual. Key sectors for term loan demand include infrastructure, real estate, and pharmaceuticals. The survey also highlights the importance of sustainable finance, with renewable energy financing showing significant growth potential. Overall, banks maintain a positive outlook on credit expansion despite geopolitical uncertainties.
Source: Business Standard The copyright of this article belongs to the original author/organization.
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